Checkerboard Text?

I'd like to create some text with a Checkerboard look to give it a racing effect kind of look, probably black and red. Of course the text would be very large so the checkerboard effect can be seen. Does anyone have any suggestions on how I might create this look?

Thanks,
John

Try this:

type your text.

make a new layer above your text.

paste in your checkerboard pattern. Link the two layers.

go back to your text layer. Type cmd-G (PC: ctl-G) to 'group' the linked layers.

cool trick that's pretty easy to learn.